Just checked commsec and note the HRZ had gone gone down a pip.To be honest I half expected this to happen.That is, we get all pumped up with a predicted, expected and justified increase in the share price.And lo and behold, the share price goes down. In a counter - intuitive way. My view is, anybody in their right mind would not be selling this stock with what is in the pipeline and with what is actually happening -ie gold is being smelted and sold with the POV breaking records.- unless they absolutely had to, because of unexpected financial problems or decease.And even then it'd be a one off and unlikely to affect the share price in any way for long.
So why the selling? And is it real 'selling' or just company A selling to company B with both owned by one individual or entity?
The 'Big Boys[and Girls?] are well acquainted with market psychology. And how to take advantage of it.The only way to combat this is by tempering our
posts somewhat-hard as that may be. And I have to confess to excessive exuberance - on occasion.. I trust its just temporary and the s.p will continue its upward climb to where it should be by any rational analysis.
db
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HRZ
horizon minerals limited
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9.26%
!
4.9¢

Psychological games at play?
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Last
4.9¢ |
Change
-0.005(9.26%) |
Mkt cap ! $120.8M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 4.9¢ | $369.7K | 7.405M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1165649 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1165649 | 0.049 |
15 | 1629366 | 0.048 |
11 | 1868817 | 0.047 |
10 | 2084749 | 0.046 |
18 | 2896168 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 300000 | 1 |
0.052 | 500000 | 1 |
0.054 | 559759 | 2 |
0.055 | 2174062 | 11 |
0.056 | 1600000 | 4 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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HRZ (ASX) Chart |